Indonesia

Maybank Investment Bank said in its recent report that the Indonesia's new economy is still on a growth trajectory.

Indosat Ooredoo Hutchison (Indosat) and the consortium between Arsari Group and Northstar Group announced Tuesday the signing of an Investment Agreement to form a joint venture to create one of the leading independent fiber infrastructure platforms in Indonesia (FiberCo).

Synvo AI, a deep-tech spin-off from MMLab Nanyang Technological University (MMLab@NTU) Singapore, and Sobat Bisnis Group (SBG), an Indonesian enterprise technology company of Mayapada Group, have announced a strategic partnership to accelerate the commercial adoption of next-generation artificial intelligence (AI) across Indonesia and Southeast Asia.

PT Mora Telematika Indonesia Tbk (Moratelindo) and PT Eka Mas Republik (MyRepublic Indonesia) have on Thursday announced strategic merger to accelerate equitable development of digital ecosystem in Indonesia.

PT GoTo Gojek Tokopedia Tbk (GoTo), the digital ecosystem in Indonesia, has concluded its extraordinary general meeting of shareholders (EGMS), during which shareholders approved the company’s leadership succession plan, appointing Hans Patuwo as President Director and Group Chief Executive Officer (CEO), succeeding Patrick Walujo.

Vietnam-based automaker VinFast has announced an investment of $1 billion to expand its electric vehicles (EV) production in Indonesia.

Indonesian enterprises are signaling one of the region’s strongest appetites for digital transformation, GSMA said Wednesday.

Airwallex, a global payment firm, has acquired majority ownership of PT Skye Sab Indonesia, a PJP (Penyedia Jasa Pembayaran) Category 1 license holder.

Indosat Ooredoo Hutchison (Indosat), Indonesia’s digital telecommunications company, has announced its collaboration with Qualcomm to enhance network performance and efficiency.

Global financial services firm Robinhood Markets, Inc. has entered into agreements to acquire PT Buana Capital Sekuritas, an Indonesian brokerage, and PT Pedagang Aset Kripto, a licensed Indonesian digital financial asset trader.